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International Combustion (India) (BOM:505737) E10 : ₹13.62 (As of Mar. 2024)


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What is International Combustion (India) E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

International Combustion (India)'s adjusted earnings per share data for the three months ended in Mar. 2024 was ₹15.500. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹13.62 for the trailing ten years ended in Mar. 2024.

During the past 12 months, International Combustion (India)'s average E10 Growth Rate was -40.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

As of today (2024-06-14), International Combustion (India)'s current stock price is ₹1701.90. International Combustion (India)'s E10 for the quarter that ended in Mar. 2024 was ₹13.62. International Combustion (India)'s Shiller PE Ratio of today is 124.96.

During the past 13 years, the highest Shiller PE Ratio of International Combustion (India) was 157.29. The lowest was 13.83. And the median was 51.98.


International Combustion (India) E10 Historical Data

The historical data trend for International Combustion (India)'s E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

International Combustion (India) E10 Chart

International Combustion (India) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 23.05 13.62

International Combustion (India) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.05 23.02 11.74 13.05 13.62

Competitive Comparison of International Combustion (India)'s E10

For the Specialty Industrial Machinery subindustry, International Combustion (India)'s Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


International Combustion (India)'s Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, International Combustion (India)'s Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where International Combustion (India)'s Shiller PE Ratio falls into.



International Combustion (India) E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, International Combustion (India)'s adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=15.5/153.0345*153.0345
=15.500

Current CPI (Mar. 2024) = 153.0345.

International Combustion (India) Quarterly Data

per share eps CPI Adj_EPS
201212 1.200 83.774 2.192
201303 6.510 85.687 11.627
201306 -0.660 88.365 -1.143
201309 -6.560 91.042 -11.027
201312 1.370 91.425 2.293
201403 9.190 91.425 15.383
201406 -7.630 94.103 -12.408
201409 -1.470 96.780 -2.324
201412 -3.270 96.780 -5.171
201503 16.460 97.163 25.925
201506 -15.180 99.841 -23.268
201509 15.350 101.753 23.086
201512 -2.940 102.901 -4.372
201603 -1.383 102.518 -2.064
201606 -3.240 105.961 -4.679
201703 9.770 105.196 14.213
201803 -10.510 109.786 -14.650
201809 2.050 115.142 2.725
201812 0.330 115.142 0.439
201903 11.910 118.202 15.420
201906 -7.640 120.880 -9.672
201909 0.670 123.175 0.832
201912 -11.450 126.235 -13.881
202003 10.760 124.705 13.204
202006 -23.780 127.000 -28.655
202009 -5.010 130.118 -5.892
202012 1.140 130.889 1.333
202103 6.030 131.771 7.003
202106 -3.590 134.084 -4.097
202109 5.050 135.847 5.689
202112 10.400 138.161 11.520
202203 5.510 138.822 6.074
202206 1.070 142.347 1.150
202209 4.910 144.661 5.194
202212 14.210 145.763 14.919
202303 14.570 146.865 15.182
202306 23.930 150.280 24.369
202309 20.990 151.492 21.204
202312 23.060 152.924 23.077
202403 15.500 153.035 15.500

Add all the adjusted EPS together and divide 10 will get our e10.


International Combustion (India)  (BOM:505737) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

International Combustion (India)'s Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1701.90/13.62
=124.96

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of International Combustion (India) was 157.29. The lowest was 13.83. And the median was 51.98.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


International Combustion (India) E10 Related Terms

Thank you for viewing the detailed overview of International Combustion (India)'s E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


International Combustion (India) (BOM:505737) Business Description

Traded in Other Exchanges
N/A
Address
Infinity Benchmark, 11th Floor, Plot Number G-1, Block-EP & GP, Sector-V, Salt Lake Electronics Complex, Kolkata, WB, IND, 700091
International Combustion (India) Ltd engages in the manufacturing of heavy engineering equipment. Its segments consist of Mineral & Material Processing and Handling Equipment, Gear Box and Geared Motor Drive System, and Building Material Division. The company's product portfolio includes vibrating screens and feeders, cone crushers, bulk material handling equipment, mining haulages, Raymond grinding mills, air classifiers, flash drying systems, and geared motors and gearboxes. Geographically, it generates the majority of its revenue from India.

International Combustion (India) (BOM:505737) Headlines

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